The Really Useless Thread | Page 259 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

The Really Useless System 25 replies

Bloomberg: VIX Indicator useless for forecasting the direction of equity prices 0 replies

The Really Really Boring Forex System 97 replies

Attachments: The Really Useless Thread
Exit Attachments

The Really Useless Thread

  • #5,161
  • Aug 30, 2011 7:28am Aug 30, 2011 7:28am
Quoting Venice
Feck... what the hell... cable, you bastard!

Fecker missed my sell order by 4 pips.

This is twice already this week! Hows a dude suppose to be making pips with crap like this!! arg



at least you have your health
  • #5,162
  • Aug 30, 2011 7:29am Aug 30, 2011 7:29am
4444
  • #5,163
  • Aug 30, 2011 7:33am Aug 30, 2011 7:33am
Quoting Piters
yeah..

Evans made it clear.. more QE...
Closed all my shorts.. looking to add more Longs from here

Gold soaring.. Im sooo..happpyy
Well TA, daily chart is still pointing up until today at least.

I find the ECB a lot more coherent, consistent and credibly than the FED lately (last 3 years) and the thing for this week(s) is that the dovish Trichet tone can have more leverage than the FED comments.

Each week we have 2 or 3 FED members with contradictory comments with their decisions and to make things even worse the week after they contradict between themselves too ...so until NFP or US number start picking up I give more importance to the ECB.

We'll see but fog in the range is still very thick to both sides.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #5,164
  • Aug 30, 2011 7:39am Aug 30, 2011 7:39am
Quoting sisse
Well TA, daily chart is still pointing up until today at least.

I find the ECB a lot more coherent, consistent and credibly than the FED lately (last 3 years) and the thing for this week(s) is that the dovish Trichet tone can have more leverage than the FED comments.

Each week we have 2 or 3 FED members with contradictory comments with their decisions and to make things even worse the week after they contradict between themselves too ...so until NFP or US number start picking up I give more importance to the ECB.

We'll see but fog in the range...

The biggest problem with the FED is the politics, all the individual presidents play politics to vie for the big job. The ECB is a lot more focused on its primary goal and don't have to worry about a dual mandate either.
  • #5,165
  • Aug 30, 2011 7:39am Aug 30, 2011 7:39am
Quoting sisse
Well TA, daily chart is still pointing up until today at least.

I find the ECB a lot more coherent, consistent and credibly that the FED lately (last 3 years) and the thing for this week(s) is that the dovish Trichet tone can have more leverage than the FED comments.

Each week we have 2 or 3 FED members with contradictory comments with their decisions and to make things even worse the week after they contradict between themselves too ...so until NFP or US number start picking up I give more importance to the ECB.

We'll see but fog in...
even from TA perspective, we had our release of compressed air. 4H TF turning UP.. we see how NYSE digest the EVANS comments, but apart from him, [as trigger] today also 2 reports [calls] on gold with affirming $1950 by the end of the month [UBS] and $2500 by end of the year [JPM] are doing their role in today's breakout..

Now as i see the charts.. [turned my screen upside] and next target at 4500, then we'll see
  • #5,166
  • Aug 30, 2011 7:40am Aug 30, 2011 7:40am
Gotta see if 4430 is taken out for more up
Disclaimer: Check your 1m charts
  • #5,167
  • Aug 30, 2011 7:41am Aug 30, 2011 7:41am
Quoting egkid
Actually It's good S on my 4H ,But it going break it or not Need to review my chart
B Back after 30 min Cya
Chart and target
Attached Image (click to enlarge)
Click to Enlarge Name: 66.gif Size: 16 KB
  • #5,168
  • Aug 30, 2011 7:42am Aug 30, 2011 7:42am
A bit of tech (02), a bit of a pattern (.....) and a bit of fundies (Evans) and we got a little trade going.

Better then a poke with a stick in the eye.
Attached Image (click to enlarge)
Click to Enlarge Name: looking good.gif Size: 22 KB
  • #5,169
  • Aug 30, 2011 7:44am Aug 30, 2011 7:44am
Quoting cloggie
The biggest problem with the FED is the politics, all the individual presidents play politics to vie for the big job. The ECB is a lot more focused on its primary goal and don't have to worry about a dual mandate either.
Agree Cloggie, the FED has become too politicized since the financial crisis which is not good. While the ECB is definitively keeping its role as CB but the EZ political problems offset most of the ECB efforts too.... so at the end, the 2 ugly sister showing their ugliest outfits in both sides of the Atlantic....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #5,170
  • Aug 30, 2011 7:44am Aug 30, 2011 7:44am
Quoting cloggie
A bit of tech (02), a bit of a pattern (.....) and a bit of fundies (Evans) and we got a little trade going.

Better then a poke with a stick in the eye.
patterns doesn't exist ...

Rofl...

good job mate.. Hope you are going to hold this one..
  • #5,171
  • Aug 30, 2011 7:44am Aug 30, 2011 7:44am
Quoting chazzle
Cable- trying a long 285 sl 250 looking for 340
sl to b/e
  • #5,172
  • Aug 30, 2011 7:45am Aug 30, 2011 7:45am
Quoting Piters
patterns doesn't exist ...

..

A Feck, now you telling me..... crap, back to the drawing board then.
  • #5,173
  • Aug 30, 2011 7:46am Aug 30, 2011 7:46am
Quoting cloggie
A Feck, now you telling me..... crap, back to the drawing board then.
you lucky bastard
  • #5,174
  • Aug 30, 2011 7:47am Aug 30, 2011 7:47am
Quoting egkid
Chart and target
I took the average ofthat area...1.4440 my tp....
  • #5,175
  • Aug 30, 2011 7:47am Aug 30, 2011 7:47am
Quoting Piters
you lucky bastard

Luck's got little to do with it, been going on about 02 all morning, Evans just gave us that liitle push to get us clear, now we see how the markets respond.

You are right on the bastard bit......
  • #5,176
  • Aug 30, 2011 7:48am Aug 30, 2011 7:48am
Quoting Piters
even from TA perspective, we had our release of compressed air. 4H TF turning UP.. we see how NYSE digest the EVANS comments, but apart from him, [as trigger] today also 2 reports [calls] on gold with affirming $1950 by the end of the month [UBS] and $2500 by end of the year [JPM] are doing their role in today's breakout..

Now as i see the charts.. [turned my screen upside] and next target at 4500, then we'll see
I am not in a hurry at all for a long ... GL

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #5,177
  • Aug 30, 2011 7:49am Aug 30, 2011 7:49am
Quoting cloggie
A bit of tech (02), a bit of a pattern (.....) and a bit of fundies (Evans) and we got a little trade going.

Better then a poke with a stick in the eye.
Thought Id seen that b4

Attached Image (click to enlarge)
Click to Enlarge Name: b.jpg Size: 64 KB
  • #5,178
  • Aug 30, 2011 7:51am Aug 30, 2011 7:51am
Quoting needpips
Thought Id seen that b4

Attachment

'T looks a bit better on the 5 and 15. Now let the market give you further direction, just make sure this is not a fakeout.
  • #5,179
  • Aug 30, 2011 7:52am Aug 30, 2011 7:52am
4Hr Ma's are bullish for me and new 4Hr for me in 8mins

Bit of resistance here at 443x on 8Hr but if pushes through, more up

Gotta get back to work. Hopefully next 8Hr bar will be tradeable for me in 3hrs
Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 127 KB
Disclaimer: Check your 1m charts
  • #5,180
  • Aug 30, 2011 7:53am Aug 30, 2011 7:53am
Quoting sisse
I am not in a hurry at all for a long ... GL

sisse
I know..

SL at Be+ targeting 4480-4500 [for now]

if stopped, well business as usual.. at least have to be happy with today's EURshorts and those Gold Long pips..

Not a bad day ...
408 traders viewing now